Chungnam Province Promotes Inland Fisheries Industry Revitalization Project

By 2028, 107.7 Billion KRW Invested... Inland Aquaculture Farm Modernization Rate from 24% to 49%

Chungnam Province announced on the 26th that it will invest 107.7 billion KRW by 2028 to revitalize the inland water industry.

The province plans to implement 49 projects across five major strategies to address issues such as the decline in fishing village vitality caused by aging populations and low incomes in fishing communities.

First, to ensure stable production, the modernization rate of inland water fish farms will be increased from the current 24% to 49%. Fishery production will also be expanded from 2,719 tons to 10,000 tons. Customized policies will be developed to nurture young fishers and transform fishing villages into vibrant communities for youth.

The province expects that expanding the inland water revitalization projects from 22 projects worth 10.6 billion KRW to 49 projects worth 107.7 billion KRW will generate an economic revitalization effect of over 200 billion KRW in the inland water sector.

Jang Jin-won, Director of the Marine and Fisheries Bureau of the province, said, "We will make every effort to secure the budget for key project implementation through cooperation with field sites, central government ministries, and city and county governments," adding, "We will carry out the projects without delay to take the inland water industry to the next level."

This content was produced with the assistance of AI translation services.